12520 FM 487 W, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $157,426 and $715,923, with a best estimate of $440,774. That places the property below the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$440,774
$513,141
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $157,426 and $715,923. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$251,991 for 851 sqft less living space and +$2,658 for being newer. Net adjustment: -$249,333.
Adjusted +$22,208 for 75 sqft more living space and -$5,317 for being older. Net adjustment: +$16,891.
Adjusted -$135,027 for 456 sqft less living space and +$3,722 for being newer. Net adjustment: -$131,305.
Adjusted +$5,922 for 20 sqft more living space and -$4,254 for being older. Net adjustment: +$1,668.
Adjusted -$56,261 for 190 sqft less living space and -$532 for being older. Net adjustment: -$56,793.
The Neighborhood
This home is in line with the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,308 across all districts. With a homestead exemption claimed, that drops to $2,830 — saving $1,478 per year. That's $236 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $2,863 |
| Williamson County | County | 0.3694% | $1,039 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $281 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $4,308 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,774 would pay approximately $2,751 per month (principal and interest only, excluding taxes and insurance).